Kate, a client of the firm, has booked an appointment to seek advice and assistance in incorporating a company. Kate currently runs a cafe in North Melbourne as a sole proprietor and roasts her own blend of coffee sourced from an ethical plantation in Papua. Kate currently employs three university students on a casual or part-time basis. Kate wants to expand her business by selling her coffee blend to other cafes around Victoria.

REQUIRED

1. a) Advise your client on the legal and practical consequences of incorporating a company to run the business.